PLATINIUM NETWORKS AS

1923 SØRUM

Finances

Share Ownership

Return on Equity

−5,49 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000	0	0	0
Net Income	−151 000	−263 000	−231 000	−217 000
Total Assets	2 749 000	3 234 000	3 486 000	3 711 000
Total Equity	2 749 000	2 900 000	3 162 000	3 393 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000	0	0	0
Expenditure	189 000	271 000	239 000	219 000
Operating Profit	−169 000	−271 000	−239 000	−219 000
Financial Income	18 000	9 000	8 000	2 000
Financial Costs	0	0	0	0
Financial Balance	18 000	9 000	8 000	2 000
Earnings Before Tax	−151 000	−263 000	−231 000	−217 000
Tax	0	0	0	0
Net Income	−151 000	−263 000	−231 000	−217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	250 000	220 000	275 000	344 000
Total Current Assets	2 499 000	3 014 000	3 211 000	3 367 000
Total Assets	2 749 000	3 234 000	3 486 000	3 711 000
Total Retained Equity	−151 000	0	3 062 000	3 293 000
Total Equity	2 749 000	2 900 000	3 162 000	3 393 000
Total Long-Term Debt	0	332 000	301 000	0
Total Current Debt	0	3 000	23 000	318 000
Total Equity and Debt	2 749 000	3 234 000	3 486 000	3 711 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 000	0	0	0
Other Income	0	0	0	0
Revenue	20 000	0	0	0
Cost of Goods Sold	9 000	181 000	0	0
Salary Costs	0	0	0	0
Depreciation	78 000	55 000	69 000	54 000
Impairment	0	0	0	0
Expenditure	189 000	271 000	239 000	219 000
Operating Profit	−169 000	−271 000	−239 000	−219 000
Financial Income	18 000	9 000	8 000	2 000
Financial Costs	0	0	0	0
Financial Balance	18 000	9 000	8 000	2 000
Dividends	0	0	0	0
Net Income	−151 000	−263 000	−231 000	−217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	73 000	0	275 000	344 000
Fixtures	177 000	220 000	0	0
Total Tangible Assets	250 000	220 000	275 000	344 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	250 000	220 000	275 000	344 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 299 000	3 014 000	3 211 000	3 367 000
Total Current Assets	2 499 000	3 014 000	3 211 000	3 367 000
Total Assets	2 749 000	3 234 000	3 486 000	3 711 000
Total Equity	2 749 000	2 900 000	3 162 000	3 393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	332 000	301 000	0
Creditors	0	0	23 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	3 000	0	318 000
Total Current Debt	0	3 000	23 000	318 000
Total Equity and Debt	2 749 000	3 234 000	3 486 000	3 711 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,49 %	−9,07 %	−7,31 %	−6,4 %
Debt-to-Equity Ratio	0	0,11	0,1	0
Operating Profit Margin	−845 %	-	-	-
Current Ratio	-	1 004,67	139,61	10,59
Quick Ratio	-	1 004,67	139,61	10,59
Equity Ratio	1	0,9	0,91	0,91
Gross Profit Margin	55 %	-	-	-